TUCSON, Ariz., June 20, 2023 (Globe Newswire) — Liberty Star Minerals“Liberty Star” or “company”) (OTC market: LBSR) has received an independent assessment of full ownership Red Rock Canyon Gold Project (RRC) Southeast Arizona.Independent Consulting Geologist James Bryce“The whole land… appears to contain the entire porphyry system, from intrusions to surface boiling exothermic veins, and therefore has great potential for both gold and base metal mineralization.” I discovered. In addition, Liberty Star Minerals has urged it to “find one or two well-funded joint venture partners in the form of junior exploration companies” to further develop the gold potential in Red Rock Canyon. It is done.”
In late April, Bryce spent a three-day tour of the RRC reviewing previously collected geological reports, including borehole records. Among his observations included jasperoid structures containing gold.
“The jasperoids tend toward the northwest/southeast, dropping below the vertical. The lens contains fragments of limestone breccia completely altered by silica infiltration. They exhibit a boiled texture, which indicates that the entire external heat sequence remains in place… PXRF measurements taken in situ show grades up to 0.8 oz/ton within the fragment. However, there was no detectable gold within the venous matrix. This may indicate the presence of abundant skarn or carbonate displacement sediments at depth.“
Company CEO Brett Gross said Bryce’s assessment was 2021 RRC Technical Report: “Gym’s Written opinion Consistent with our assessment based on recent observations and historical findings. Historic excavations in Red Rock Canyon have reportedly yielded economic values of gold over 45 feet thick. To move the project forward, he suggests conducting small-scale metallurgical trials to review the evaluation. Expanding and enhancing the database is part of moving the RRC project forward. “
“Brett I. Gross” Brett I. Gross
CEO/President
Liberty Star Minerals
James Bryce, BS CP, Opinion of Consulting Geologist – View at LBSR.us
visit lbsr.us Images, maps, and information about Liberty Star Minerals, Red Rock Canyon Gold Project, and Hay Mountain Project. technical report
About Liberty Star Liberty Star Uranium & Metals Corp. (LBSR: OTCQB), d/b/a Liberty Star Minerals is an Arizona-based mineral exploration company engaged in the acquisition, exploration and development of mineral properties in Arizona and the southwestern United States. is. The company currently manages properties located in areas determined by management to be the richest deposits of copper, gold, silver, molybdenum (molybdenum) and related metals in North America. The company’s greatest asset is the Hay Mountain Project.t (exploration stage) porphyry copper, gold, molybdenum and other commercially important minerals. Specific targets have been chosen to explore near-surface and deep orebodies with numerous analogues nearby. Adjacent to the Hay Mountain Porphyry Exploration Target and part of the overall Hay Mountain Project is an increasingly attractive area (approximately 6,600 acres) of an exploration phase called Gold Mineralization. red rock canyon. Red Rock Canyon showcases a vast and promising gold-bearing hydrothermal-related structure documented in historical public and company records (see related press releases and social media for more information). See media release). The Hay Mountain Project is located in Cochise County (Southeast), Arizona, USA.
Forward-Looking Statements Certain information contained in a public release may include “future information” as that term is defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933 (as amended) and Section 21E of that Act. may include “forward-looking statements”. Securities Act 1934, as amended. All statements contained herein that are not historical facts are forward-looking statements that involve risks, uncertainties and other factors that are unforeseeable and beyond the control of the Company or its management, and may not represent actual results. , developments and business decisions may differ materially from those expressed or expressed. This is implied in such forward-looking statements. Such forward-looking statements include our business strategy, management’s assumptions, pending or future transactions, estimated future mineral resources or grades, investments, asset valuations, anticipated permits and approvals and other information. may include, but are not limited to: It is based on projections of future exploration, operational or financial results, or assumptions of matters that cannot yet be determined. Statements that express or involve predictions, expectations, beliefs, plans, projections, objectives, assumptions, or discussions about future events or performance using words or phrases such as: may become. : “estimate”, “intend”, “believe”, “expect”, “anticipate”, “plan”, “could”, “continue”, “may”, “might ‘, ‘could’, ‘would’, or similar words or expressions. Significant factors that could cause the Company’s and management’s expectations to differ materially include unsuccessful exploration results, fluctuations in metals prices, currency prices, international markets, the conclusion of economic evaluations and changes in project parameters during ongoing planning. including associated risks. The availability of funds for mineral exploration and development and changes in general economic conditions, as well as changes need to be refined.
Additional information regarding these factors, risks and uncertainties upon which forward-looking statements are based is set forth in our Annual Report on Form 10-K for the year ended January 31, 2023, It will be updated from time to time in the documents submitted to the securities company. and the Exchange Commission. We do not undertake any responsibility to update any information contained in this public release or for any changes made to this document by any communication or Internet service after the date of presentation or publication. The company’s risk factors are described in its 10-K and other periodic filings filed with the SEC regarding EDGAR (see Liberty Star Uranium & Metals, Corp.).
Matters concerning SK1300 regulations On October 31, 2018, the U.S. Securities and Exchange Commission issued Subpart 1300 of Regulation SK (“Regulation SK- 1300”) was adopted. and the Securities Exchange Act of 1934 (as amended). All registrants must comply with Rule SK-1300 for fiscal years ending on or after January 1, 2021. Accordingly, the Company must also comply with Regulation SK-1300 for the fiscal year ending January 31, 2022. Regulation SK-1300 uses the Commission to establish a classification system for mineral resources and mineral reserves based on the Mineral Reserves International Reporting Standard (“CRIRSCO”). This includes definitions of estimated, labeled and measured Mineral Resources. Liberty Star is an “exploration-stage issuer” as defined in Subpart 1300. There are currently no exploration results, mineral resources or mineral reserves to report. Accordingly, neither the website nor any public release contains any information, opinions or data. or disclosures relating to exploration results, mineral resources, or mineral reserves as defined in Regulation SK-1300. As a result, we are not currently required to obtain or provide technical report summaries as defined by regulation SK-1300. U.S. Investors may elect that a portion of the Company’s mineralized properties in these categories be converted into probable, indicated or measured Mineral Resources or Probable or Proven Mineral Reserves within the meaning of: You are cautioned not to rely on or assume for any purpose that Regulation SK1300.
Unless expressly stated on the face of such information, the material contained in this public release is not, and is not, a summary of technical reports prepared by a qualified person pursuant to the requirements of Subpart 1300 of the Stock Exchange. is not intended to Hange Fee Regulation SK.
Follow Liberty Star Minerals Facebook , LinkedIn & Twitter @LibertyStarLBSR
NR#225
contact:
Liberty Star Minerals
Tracy Myers, Investor Relations
520-425-1433 – info@lbsr.us
